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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Commercial land
12304 13th Ave, North Miami, FL 33161-5959
Entity Owned
6-yr Hold
Free & Clear
Property ID
US18-9621883
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1928
Construction
TYPE NOT SPECIFIED
Total area
1,774 SF
Lot
0.28 ac (12,000 SF)
Zoning code
0400:SGL FAM,901-1200 SQ
APN
06-2229-000-0150
UPID
US18-9621883
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Klaus Haus LLC · 6 yrs held
Klaus Haus LLC
since 2020
7 recorded transactions
Zoning & alternative use
0400:SGL FAM,901-1200 SQ · North Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Miami submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$320,000
CAP Approach
CAP Return
Estimation
6%
$700,000
6.5%
$645,000
7%
$600,000
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$285 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,492
Tax year 2023
Assessed value
$288,000
Assessed 2023
Previous assessed
$364,357
-21.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$288,000
Land market value
$288,000
Total market value
$288,000
Applied tax rate
600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1928
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Bathrooms
3
Total area
1,774 SF
Lot
0.28 ac (12,000 SF)
Zoning code
0400:SGL FAM,901-1200 SQ
APN
06-2229-000-0150
UPID
US18-9621883
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
0400:SGL FAM,901-1200 SQ · North Miami, FL
Zoning 0400:SGL FAM,901-1200 SQ · permitted uses
0400:SGL FAM,901-1200 SQ · North Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Miami. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1928
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Bathrooms
3
Lot
0.28 ac
Current owner
From public records · entity-resolved
Klaus Haus LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1290 NE 125TH ST, NORTH MIAMI, FL 33161-5954
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2020
$756,000
Klaus Haus LLC
Star Keys Properties LLC
Re-recorded Document
related
—
Dec 31, 2019
$132,000
Klaus Haus LLC
Star Keys Properties LLC
Warranty Deed
—
Aug 4, 2017
$262,500
Star Keys Properties LLC
Toneyrob Properties LLC
Warranty Deed
—
Dec 7, 2015
—
Toneyrob Properties LLC
Leon C Chin You
Quit Claim Deed
related
—
Jun 17, 2015
—
Leon C Chin You
Toneyrob Properties LLC
Quit Claim Deed
related
—
Jan 30, 2009
—
Toneyrob Properties LLC
Gilliland,annie
Warranty Deed
—
Jan 30, 2009
$110,000
Toneyrob Properties LLC
Shellhorse,carl L
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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